Spread the Wealth: 4 Ways to Invest with Us

February 29, 2024 00:27:31
Spread the Wealth: 4 Ways to Invest with Us
Deeds in the Desert
Spread the Wealth: 4 Ways to Invest with Us

Feb 29 2024 | 00:27:31

/

Show Notes

In this episode of Deeds in the Desert, Izzy and Carrie discuss the different types of accounts that can be used to invest at Ignite Funding. They cover cash accounts, including individual, joint, and trust accounts. They also discuss business accounts, such as limited liability companies, partnerships, S Corps, and C Corps. The conversation then moves on to self-directed IRAs, including traditional, Roth, SEP, and SIMPLE IRAs. Finally, they touch on custodial accounts and the complexities of 401k plans.
 
Takeaways
  • There are various types of accounts that can be used to invest at Ignite Funding, including cash accounts, business accounts, IRAs, and custodial accounts.
  • Cash accounts include individual, joint, and trust accounts, each with its own tax implications.
  • Business accounts can be set up for different types of businesses.
  • Self-directed IRAs offer tax advantages, with Roth IRAs being particularly beneficial as they allow for tax-free income.
  • Custodial accounts and 401k plans have their own complexities and require careful consideration and understanding of the tax implications.

*Video Version Now Available on YouTube*

Did you enjoy the episode? Make sure to follow the podcast and turn on notifications to get notified when a new episode is posted.

Follow us on social media: Linktr.ee

Disclaimer: Ignite Funding, LLC | NVMBL #311 | AZ CMB-0932150 | | Money invested through a mortgage broker is not guaranteed to earn any interest and is not insured. Prior to investing, investors must be provided applicable disclosure documents.

Other Episodes

Episode

May 11, 2023 00:15:27
Episode Cover

Quarter 1 Lending Statistics

Pat Vassar, Director of Underwriting at Ignite funding, discusses where we are funding loans, commercial vs residential, our top three borrowers this quarter and...

Listen

Episode

May 18, 2023 00:06:41
Episode Cover

LIVE at MoneyShow: Investor Testimonials

Izzy and Madi from Ignite Funding are LIVE at MoneyShow at the Paris Hotel in Las Vegas, NV getting Investor Testimonials! Hear firsthand what...

Listen

Episode

November 09, 2023 00:15:25
Episode Cover

Ignite Funding's Investor Communication

Explore Communication at Ignite Funding with Misty and Izzy in this Deeds in the Desert episode. Delve into the intricacies of what communication awaits...

Listen